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DEGD0000879

Project Grant

Overview

Grant Description
Bipartisan Infrastructure Law (BIL) PECO CREATE Plan: Creating a resilient, equitable and accessible transformation in energy for greater Philadelphia.

The objective of the PECO CREATE Plan is to catalyze a generational transformation of Southeastern Pennsylvania's energy landscape through a combination of targeted infrastructure investments and comprehensive community-based collaborations to reduce the likelihood and consequence of impacts to the electric grid due to extreme weather and rising sea levels.
Funding Goals
THIS FUNDING OPPORTUNITY ANNOUNCEMENT (DE-FOA-0002740) SUPPORTS THE GRID RESILIENCE AND INNOVATION PARTNERSHIPS (GRIP) PROGRAM AND SUPPORTS THE DEVELOPMENT OF COMPREHENSIVE AND REGIONAL RESILIENCE STRATEGIES TO ADDRESS THE INCREASING THREATS TO OUR POWER SYSTEM INFRASTRUCTURE; SPECIFICALLY, TO PREVENT OUTAGES AND ENHANCE THE RESILIENCE OF THE ELECTRIC GRID, DEPLOY TECHNOLOGIES TO ENHANCE GRID FLEXIBILITY, AND DEMONSTRATE INNOVATIVE APPROACHES TO POWER SECTOR INFRASTRUCTURE RESILIENCE AND RELIABILITY.
Place of Performance
Philadelphia, Pennsylvania 19103-1338 United States
Geographic Scope
Single Zip Code
Peco Energy Company was awarded PECO Create Plan: Resilient Energy Transformation Greater Philadelphia Project Grant DEGD0000879 worth $100,000,000 from the Department of Energy in September 2024 with work to be completed primarily in Philadelphia Pennsylvania United States. The grant has a duration of 5 years and was awarded through assistance program 81.254 Grid Infrastructure Deployment and Resilience. $148,250,931 (60.0%) of this Project Grant was funded by non-federal sources. The Project Grant was awarded through grant opportunity BIL Grid Resilience and Innovation Partnerships ( GRIP).

Status
(Ongoing)

Last Modified 5/21/25

Period of Performance
9/1/24
Start Date
8/31/29
End Date
19.0% Complete

Funding Split
$100.0M
Federal Obligation
$148.3M
Non-Federal Obligation
$248.3M
Total Obligated
40.0% Federal Funding
60.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DEGD0000879

Transaction History

Modifications to DEGD0000879

Additional Detail

Award ID FAIN
DEGD0000879
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
For-Profit Organization (Other Than Small Business)
Awarding Office
892433 NATIONAL ENERGY TECHNOLOGY LABORATORY
Funding Office
892411 GRID DEPLOYMENT OFFICE (GDO)
Awardee UEI
CVUTQN757LF8
Awardee CAGE
27416
Performance District
PA-03
Senators
Robert Casey
John Fetterman
Modified: 5/21/25